Best Inventory Management Software
Automate your billing and inventory management
~2.5 lacs saving
from billing errors
24% Increase
in Profit Margin
2.8x increase
in Stock Rotation
Trusted by 1 Crore+ businesses for Billing, Inventory and Accounting
myBillBook is designed for businesses to generate GST bills and automate their entire inventory management process.
“Managing inventory used to be a hassle with frequent stock discrepancies. With myBillBook’s inventory management, we now track products in real-time, both in our shop and warehouse. The automatic stock adjustment feature ensures our inventory is always accurate and up-to-date, saving us time and reducing errors.”
Suresh Reddy
Shopmore Mart, Hyderabad
Recommends myBillBook for:
Product Demo for Inventory Management Software
“Superb customer service. Helped me set up my account as required”
myBillBook’s top features for inventory management
Automatic stock adjustment with bulk add & bulk edit
Update your stock automatically every time you add an item, generate a sales or purchase invoice.
You can also quickly add items from our inbuilt library of more than 1 lakh products, add/edit items in bulk using an excel interface.
Faster billing with barcode generation & scanning
Enable faster billing by allotting a bar code to each unique product. Scan barcodes of items to get the item details auto-populated every time you create an invoice, purchase or sales order at your retail store or warehouse.
Avoid stock expiry with batching
Create batches for goods with limited shelf life to track with a unique code while you are adding it and track the expiration date at any time.
Classify items based on custom attributes like size, brand, and more
Categorize items in your inventory basis your needs. While adding items, add custom attributes like size, brand, color, weight and more.
myBillBook helps business succeed
“Billing used to take a lot of time, especially during rush hours. With myBillBook’s barcode generation and scanning, we now complete billing quickly and accurately. Each product’s details are auto-populated in invoices, making the process seamless and efficient for both sales and purchases.”
Ravish Rathod,
Grocery Store owner – Chennai
“We often faced issues with expired stock and had difficulty tracking it. myBillBook’s batching feature allows us to assign unique codes to batches and track expiration dates easily. This has significantly reduced our losses due to expired products and streamlined our inventory management.”
Ravi Rao,
Stationery Owner – Banglore
“Categorizing our inventory was a time-consuming task, but with myBillBook’s custom attributes, we can now classify items by size, brand, color, and more. This customization has improved our inventory organization and retrieval, making our operations much more efficient.”
Arun Rane,
Clothing Retailer – Delhi
Pricing plans
Diamond Plan
₹217
Per month. Billed annually. Excl. GST @18%
✅ Create unlimited invoices
✅ Add up to 1 business + 1 user
✅ Inventory management
✅ App + Web support
✅ Priority customer support
✅ GSTR reports in JSON format Popular
Platinum Plan
₹250
Per month. Billed annually. Excl. GST @18%
Everything on Diamond Plan +
✅ Add up to 2 business + 2 user
✅ 50 e-Way bills/year
✅ Staff attendance + payroll
✅ Godown management
✅ Whatsapp and SMS marketing Popular
Enterprise Plan
₹417
Per month. Billed annually. Excl. GST @18%
Everything on Platinum Plan +
✅ Custom invoice themes
✅ Create your online store
✅ Generate and print barcode
✅ POS billing on desktop app
✅ Unlimited e-Invoices & e-Way bills
What is Inventory Management Software?
Inventory Management Software is a specially designed software that helps businesses manage and track their inventory or stock. An inventory management system integrated with billing software is much more helpful for businesses than a stand-alone inventory management software.
The billing software with inventory management feature auto-updates stock information as and when bills and invoices are created, and new stock is added. Thus, it provides real-time stock information and also updates about low-stock items. Other features of the integrated software include barcode scanning, order management, stock replenishment alerts, and comprehensive reporting and analytics.
By utilizing inventory management software, businesses can improve accuracy, enhance efficiency, and ensure product availability. This leads to better decision-making, increased customer satisfaction, and overall operational performance improvement.
Features of myBillBook Inventory Management Software
Detailed Product Listing
Start your inventory management with a neatly organised product catalogue. myBillBook’s free inventory management software enables easy addition of items/products with required details, including product image, name, category, item code, description, stock quantity, stock value, selling price, purchase price, MRP, and wholesale price. You can also add custom fields with additional details.
Product Listings in Bulk
The free inventory software allows you to quickly add products from its inbuilt library, which features over 1 lakh products from different industries. You can also add items in bulk using an Excel file. If you’re migrating to myBillBook from other software, you can do a direct data transfer from Vyapaar, Tally, Marg, and others.
The ‘Bulk Edit’ option lets you change your existing product catalogue. Simply download the items list, make the required changes, and upload the edited Excel sheet to the software. Once it is done, the product catalogue gets updated in the software with the latest details.
Barcode Generation & Scanning
Enable faster billing by allotting a barcode to each unique product. The software for inventory management provides the barcode generation option when creating a new item in the inventory. Once the barcode is generated, you can print it and stick it over the product.
Scan the same codes while billing using a barcode scanner to enable faster billing. Once all your products are provided with a unique barcode, billing becomes much easier. In addition, you can use a barcode scanner to add items to your invoice.
Easy Categorisation
The inventory management system allows you to add a category to every item or product. Even though it is not a mandatory option, entering the product category helps filter the inventory quickly. You can filter the product list based on the type and view the low-stock items of that category.
Inventory Reports
Monitor your stock performance using the reports generated by the inventory management software. You can view the reports on stock summary, low stock, and item sales. Know your best-selling item and restock the inventory on time to prevent no-stock situations.
Centralised Dashboard
The inventory management system’s dashboard option provides a quick and detailed glance of your inventory status. You can see the latest transactions, the number of low-stock items, current stock value, pending transactions and payments, payments from Smart Collect, and cash in liquid and the bank. The dashboard also displays the sales report for the past seven days.
Benefits of Using myBillBook Inventory Management Software
Easy Sales Tracking
The inventory management system takes care of the entire sales activity, from adding the party or customer name to creating sales estimates and invoices to managing the sale in the online store. Once a party is added, it is stored in the database, preventing double data entry and saving time.
Auto Stock Update
Whether an item is sold across your selling channels or a new item is added, the free inventory management software automatically updates everything. Therefore, you can always have an inventory that is up to date with the latest stock details, eliminating any errors.
Check the Stock on the go
myBillBook is the best inventory management software that works on Android and iOS mobiles and Windows desktops. You can log in on any device to check your inventory status and place orders from wherever you are. You will also get low-stock alert messages for a particular item on your mobile.
Faster Billing
The free inventory management software offers barcode scanning to add items to the invoice. Simply scan the barcode with the barcode scanner gun to add them to the bill. This enables faster billing and lesser check out time at the counters.
Smooth Stock Rotation
As the billing feature is integrated with the inventory software, the inventory gets updated automatically every time you generate a bill. You will also receive alerts on low stock items enabling you to refill the inventory on time. This results in smooth stock rotation preventing out-of-stock or excess stock situations.
Saves Time and Cost
Faster billing, timely stock refilling, sales tracking, business performance reports, etc., would help you save time and cost related to inventory management. Just have myBillBook inventory management software in place; it will take care of all your inventory-related things.
FAQs about Inventory Management Software
What is inventory management software?
Inventory management software is a tool to manage the supplies and stocks of a business. Having the right inventory software is crucial for businesses to minimise inventory storage space and maximise profits.
Why do small businesses need inventory management software?
No matter how small the business is, keeping track of supplies and refilling them on time is crucial for optimal business performance. Professional inventory software helps businesses achieve maximum efficiency by providing the necessary inventory support.
What are the key features of inventory management software?
While enrolling for inventory management software, ensure that it offers the following features.
- Tracks inventory status
- Provides low-stock alerts and other important reminders
- Easy-to-use interface
- Affordable pricing
- Sales tracking
How safe is my information with myBillBook inventory management software?
myBillBook is ISO 27001 certified application that provides safe and secure transaction handling. Further, the information entered in the software is 100% encrypted and stored anonymously to prevent malware attacks.
Is myBillBook inventory management software free?
You can avail a free-trial period of 14 days, during which you can access all the inventory features and get hands-on experience. Once it is completed, you can take any subscription plan starting at a minimal fee of INR 142 per month.